Low Income Apartments and Affordable Housing For Rent in Wichita Falls, TX

Discover affordable housing in Wichita Falls where there are 122+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

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930 Humphreys St, Wichita Falls, Texas 76301

payment Subsidized

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108 Offutt St, Wichita Falls, Texas 76301

payment Subsidized

How To Identify Affordable Housing in Wichita Falls, Texas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Oct 26
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wichita Falls, Texas
$19.64/hour
$12.39 (+171%) more than Texas minimum wage and $12.39 (+171%) more than the Federal minimum wage.
Learn More About Wichita Falls, Texas Affordable Housing ↓

What HUD offices serve Wichita Falls, Texas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Wichita Falls, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Wichita Falls, Texas.

Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Wichita Falls.

How many renters live in Wichita Falls, Texas?

The City of Wichita Falls has people living in households.

There are renters living in renter households in this City. Renters make up 37.19 percent of the population living in Wichita Falls.

What is the rental market like in Wichita Falls, Texas?

There are an estimated housing units in the Wichita Falls area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Wichita Falls, Texas, there are 1.1 rental units.

What is the vacancy rate for rentals in Wichita Falls?

The rental vacancy rate in Wichita Falls is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Wichita Falls for each bedroom size?

Occupied Rental Units by Size in Wichita Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
975 4,103 7,128 4,138 939
Occupied Rental Units by Size in Wichita Falls

A large number of apartments in Wichita Falls have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Wichita Falls

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $800 to $1,611. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $800
One BR $843
Two BR $1,037
Three BR $1,418
Four BR $1,611
2024 Fair Market Rents in Wichita Falls, Texas

How many units are rented at Fair Market Rent (FMR) in Wichita Falls?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 803 82 percent
One BR 2,150 52 percent
Two BR 4,237 59 percent
Rental Units Below FMR in Wichita Falls, Texas

How many affordable rental units are in Wichita Falls?

There are a variety of federal affordable housing programs serving households in Wichita Falls, Texas including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Wichita Falls, Texas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Wichita Falls, Texas

Wichita Falls features 1,736 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Wichita Falls, Texas

There are 626 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wichita Falls.

Housing Choice Vouchers in Wichita Falls, Texas

On average, Section 8 Housing Choice vouchers pay Wichita Falls landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Wichita Falls.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wichita Falls, Texas for a two-bedroom apartment is between $933 and $1,141.

Sourced from federal housing data and AffordableHousingOnline.com research.

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